The Polymarket and Nevada saga stays to be ongoing, as a decide has denied Nevada’s request for a short lived restraining order (TRO) which marks a small win for the prediction market.
This refers back to the request for an ex parte non permanent restraining order, with the docket additionally suggesting a listening to on the state’s movement for the preliminary injunction has been set. If the docket is appropriate, the listening to shall be held on February 19 and it comprises an identical posture to the Massachusetts lawsuit versus Kalshi.
If the listening to goes within the state of Nevada’s favor, the prediction market Polymarket could be compelled to geofence statewide.
Docket for Nevada Gaming's civil motion towards Polymarket in Nevada state court docket. Seems decide denied Nevada's request for non permanent restraining order. @SSGamblers @WALLACHLEGAL @akhoya87 pic.twitter.com/GLcKIorlhA
— Mick Bransfield (@MickBransfield) January 27, 2026
This newest motion comes after a motion for TRO and the preliminary injunction against Polymarket was filed final week. Within the submitting, it states: “The BOARD seeks to restrain and enjoin POLYMARKET and any of its brokers, workers, officers, or associates from working a derivatives trade and prediction market (“market”) that gives event-based contracts regarding sporting and different occasions to folks…”
Nevada and Polymarket saga continues, with date for listening to scheduled
Nevada state court docket decide denies Nevada's request for ex parte non permanent restraining order vs. Polymarket and units listening to on the state's movement for preliminary injunction (as greatest as I can inform from the docket notation); Nevada renews its request for ex parte TRO. https://t.co/UJL8ikJxh8
— Daniel Wallach (@WALLACHLEGAL) January 27, 2026
It was simply days previous to this that the Nevada Gaming Management Board printed a press release which clearly acknowledged: “Polymarket operates a derivatives trade and prediction market the place it presents occasion contracts on the market. These merchandise are provided on the market on Polymarket’s cellular app and are made out there to folks in Nevada.
“The Board considers providing sports activities occasion contracts, or sure different occasions contracts, to represent wagering exercise underneath NRS 463.0193 and 463.01962 and, due to this fact, entities providing such occasion contracts have to be licensed.”
They allege that Polymarket’s operations are illegal within the state of Nevada they usually categorical how the “gaming trade is vitally essential to the financial system of the state and the final welfare of the inhabitants and due to this fact have to be licensed, managed, and assisted to guard the general public well being, security, morals, good order, and common welfare of the inhabitants of the State.”
This isn’t the primary move Nevada has made against prediction markets both, as related actions have been taken towards most DraftKings and Flutter’s prediction market providers.
Featured Picture: AI-generated through Ideogram
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